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Argentina central bank sells $45.5 mln to support exchange rate
Oct 21 (Reuters) - Argentina's central bank sold $45.5 million from its reserves on Tuesday to support the exchange rate, after the peso reached the upper limit of the central bank's floating band.The central bank has kept the peso in a managed band since April, intervening at times to keep ...Reuters
Tue, Oct 21
FOREX-Yen drops after Takaichi elected as Japan PM, dollar firms
Yen down 0.76%Dollar index hits six-day high as Trump trade deal optimism boosts market moodECB warns euro zone banks on potential US dollar funding pressuresBy Hannah Lang NEW YORK, Oct 21 (Reuters) - The yen eased to a one-week low on Tuesday after hardline conservative Sanae Takaichi was elect...Reuters
Tue, Oct 21
CANADA FX DEBT-Canadian dollar gains on hotter-than-expected inflation data
Canadian dollar trades in a range of 1.4004 to 1.4065CPI increases 2.4% year-over-year in SeptemberCanada-U.S. 2-year spread narrows by 5.9 basis pointsBy Fergal Smith TORONTO, Oct 21 (Reuters) - The Canadian dollar strengthened against its U.S. counterpart on Tuesday as the gap between U.S. and ...Reuters
Tue, Oct 21
ANALYSIS-Iran risks severe economic downturn, unrest as renewed UN sanctions bite
Revived UN sanctions tighten economic noose on Islamic RepublicSanctions prompted by impasse in negotiations to curb Iran's nuclear and ballistic missile programmesWith public anger simmering, clerical elite scrambling to avert economic meltdown, shore up ruleOrdinary Iranians increasingly strug...Reuters
Tue, Oct 21
Syria hopes for full lifting of US sanctions in coming months
Syrian economy minister spoke to Reuters in LondonProcess of restructuring debt has begun, he saysHe eyes full lifting of U.S. sanctions in coming monthsBy Marc Jones LONDON, Oct 21 (Reuters) - Syria hopes U.S. sanctions will be fully lifted in the coming months and has started the process of res...Reuters
Tue, Oct 21
GBP/USD slips as Dollar rebounds, traders await UK and US CPI data
GBP/USD tumbles during the North American session, down over 0.17% as the Greenback stages a recovery, hitting a three day high according to the US Dollar Index (DXY). at the time of writing, the pair trades at 1.3384 after reaching a high of 1.3416.
Fxstreet
Tue, Oct 21
Takaichi elected Japan's premier, shattering glass ceiling with hard-right turn
Takaichi becomes Japan's first female prime ministerTakaichi's election marks a shift to the right in JapanEquity markets optimistic about Takaichi's economic policiesBy Mariko Katsumura and Tim Kelly TOKYO, Oct 21 (Reuters) - Hardline conservative Sanae Takaichi was elected Japan'...Reuters
Tue, Oct 21
Nigerian fintech gaint Moniepoint raises $200 million to expand digital services
LAGOS, Oct 21 (Reuters) - Nigerian fintech firm Moniepoint Inc. said on Tuesday it had raised more than $200 million in a funding round led by Development Partners International, as it seeks to expand its digital financial services across Africa and beyond.The Series C financing, which also included...Reuters
Tue, Oct 21
Genuine Parts cuts profit forecast on restructuring costs, tepid auto part demand
By Apratim Sarkar Oct 21 (Reuters) - Genuine Parts Co GPC.N on Tuesday cut its full-year profit forecast on higher restructuring costs and weak demand for auto parts.The company, which missed its third-quarter profit estimate, also disclosed a relationship with First Brands in its global automot...Reuters
Tue, Oct 21
GBP/JPY steady as Japan’s new leadership weighs on Yen, UK fiscal strain persists
The British Pound (GBP) gains traction against the Japanese Yen (JPY) on Tuesday, as the Yen weakens across the board following Japan’s parliamentary vote earlier in the day that confirmed Sanae Takaichi as the country’s new Prime Minister.
Fxstreet
Tue, Oct 21
Takaichi elected Japan's premier, shattering glass ceiling with hard-right turn
Takaichi becomes Japan's first female prime ministerTakaichi's election marks a shift to the right in JapanEquity markets optimistic about Takaichi's economic policiesBy Mariko Katsumura and Tim Kelly TOKYO, Oct 21 (Reuters) - Hardline conservative Sanae Takaichi was elected Japan'...Reuters
Tue, Oct 21
FOREX-Yen falls to one-week low after Takaichi elected as Japan PM, dollar firms
Yen down 0.57%Dollar index hits six-day high as Trump trade deal optimism boosts market moodECB warns euro zone banks on potential US dollar funding pressuresBy Hannah Lang and Joice Alves NEW YORK/LONDON, Oct 21 (Reuters) - The yen eased to a one-week low on Tuesday after hardline conservative S...Reuters
Tue, Oct 21
EBRD could lend up to $1.5 billion for Central Asia hydro plant
Demand for renewables is increasing, EBRD president says Kambar-Ata 1 is one of largest projects in the regionBank could extend three loans of $500 million eachBy Libby George, Karin Strohecker and Simon Jessop LONDON, Oct 21 (Reuters) - The European Bank for Reconstruction and Development could ...Reuters
Tue, Oct 21
USD/CAD steadies as hot Canadian CPI data trims BoC rate cut bets
The Canadian Dollar (CAD) steadies against the US Dollar (USD) on Tuesday, with USD/CAD erasing earlier gains following stronger-than-expected September inflation data. At the time of writing, the pair is trading around 1.4030, easing from session highs.
Fxstreet
Tue, Oct 21
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